North Central Farmers Elevator (NCFE) received a loan to expand its agronomy warehouse in Ipswich thanks to FEM Electric.

Horizon Healthcare, Woonsocket, SD

The new Horizon Health Care, Inc. (Horizon) medical clinic in Woonsocket has benefitted from a pair of loans through Central Electric Cooperative and the REED Fund.

Northeast South Dakota Community Action Program, Sisseton, SD

Rural Electric Economic Development (REED) Fund has announced a loan to GROW South Dakota. The loan will provide supplemental funding to the organization’s housing loan programs which provide affordable housing options to low-income families.

Alliance Midstream, Benson MN

A critical, longtime propane delivery terminal at Benson will continue to operate thanks to a loan secured through Agralite Electric Cooperative.

MMY Group/Life Floor, Madison, SD

REED financing through Sioux Valley Energy was critical to manufacture Life Floor slip-resistant tiles in Madison at Falcon Plastics’ facility.

SDSU Growth Partnership, Ltd., Brookings, SD

Sioux Valley Energy provided a loan to SDSU Growth Partnership, Ltd. through its Rural Electric Economic Development (REED) loan fund to secure land for the SDSU Research Park growth.

Rural Electric Economic Development, Inc. (REED) Fund…

REED provides business and community project financing in partnership with commercial and other economic development lenders to leverage private investment and make a difference in the region it serves. Established in 1996 and governed by 22 electric cooperatives, REED assists projects that promote growth and contribute to job, business and wealth creation, as well as improve the infrastructure, community facilities/services and economic base of rural areas. Learn More